APMA Announces Member-Exclusive Health Insurance Solutions Are the costs of health insurance for yourself, your family, and your office staff draining your wallet? A PMA has a brand new, member-exclusive benefit designed for you. APMA's health insurance solutions can help cut your practice's health-care costs by a whopping 15 to 30 percent, and there are options available for practices of any size. In recent years, members have told us that the costs of health insurance through the major carrier system have become unsustainable, often forcing them to adjust benefits repeatedly-or even eliminate benefits-in order to lower premium costs. APMA began researching ways to help its members find affordable, high-quality health insurance solutions. APMA members practice in a wide variety of settings, creating a diverse set of insurance needs. That challenge drove APMA to investigate non-traditional solutions. In the end, your association landed on a concept that it has adopted for its own staff health insurance needs: a medical captive. Original image by Shutterstock/Netrun 78. A medical captive is a health insurance pool formed by multiple companies that join together to reduce the costs of medical benefits. Successful member companies maintain good loss histories and effective cost containment strategies. A medical captive is a form of self-insurance that is considered low risk. continued on page 12 APMA News September/October 2019 11